Austria’s Asfinag sets out five-year investment plan

Austria’s road financing company Autobahnen- und Schnellstrassen-Finanzierungs (Asfinag) will invest around €8 billion in roads and motorways by 2024. Annual net profits stood at €824 million and debt was reduced by €235 million. Toll income was up 6.9% for trucks and busses to around €1.5 billion and for cars by 4.6% to around €690 million. Major future projects include the Vienna south-east tangent and the western motorway A1 as well as reconstruction of the motorway between Innsbruck and the German bor
May 13, 2019 Read time: 1 min
Austria’s road financing company Autobahnen- und Schnellstrassen-Finanzierungs (750 Asfinag) will invest around €8 billion in roads and motorways by 2024.


Annual net profits stood at €824 million and debt was reduced by €235 million. Toll income was up 6.9% for trucks and busses to around €1.5 billion and for cars by 4.6% to around €690 million.

Major future projects include the Vienna south-east tangent and the western motorway A1 as well as reconstruction of the motorway between Innsbruck and the German border.

Asfinag also said that improved tunnel safety is a high priority as several tunnels are currently being restored. Asfinag is adding 400 truck car parking spaces, bringing the total to 7,400 and focusing on the expansion of its electronic parking space search system.

UTC

Related Content

  • December 22, 2015
    Austria’s answer to temporary traffic problems
    ASFINAG has developed a mobile traffic monitoring and guidance system through a pre-commercial procurement project. Drivers have become accustomed to roadside and gantry-mounted traffic guidance and control systems along the major roads and main motorway sections. But there are occasions when intense monitoring is required on a temporary basis along motorway sections without traffic guidance and control systems and on federal and national roads too. Examples include the monitoring of the traffic flow during
    Read More
  • November 30, 2016
    Kapsch to modernise Austrian GO toll collection system
    Austria’s highway and expressway operator ASFINAG (Autobahnen-und-Schnellstrassen-Finanzierungs-Aktiengesellschaft) has awarded Kapsch TrafficCom the contract to implement and operate the GO Maut 2.0 Mauttechnik toll collection system (national toll collection system for vehicles over 3.5 metric tons). The contract comprises modernising roadside infrastructure at around 500 locations and upgrading the control centre up to the latest technological standards. Instead of two gantries, future roadside tol
    Read More
  • December 5, 2018
    IBTTA summit hits right notes in Salzburg
    In the birthplace of Mozart, Colin Sowman found that delegates at the IBTTA’s inaugural World Tolling Summit were playing a variety of interesting tunes The first World Tolling Summit took place in Salzburg, Austria this autumn. Created and organised by the International Bridge Tolling and Turnpike Association (IBTTA), the event was supported by its European counterpart Asecap and hosted by Austria’s tolling authority, Asfinag. The transfer of views, experience and practice both ways across the Atl
    Read More
  • April 18, 2012
    Key Russian PPP project
    The Northern Capital Highway (NCH) consortium has been named the preferred bidder in the tender for the central section of St Petersburg’s Western High-Speed Diameter (WHSD) project. Should NCH win the tender process it will build and then operate the entire stretch of the toll road. The consortium comprises VTB Capital and Gazprombank from Russia in partnership with Italian company Astaldi and Turkish firm Ictas Insaat.
    Read More

Highlighted Content